Nifty PSU Bank added 1.5 percent in this afternoon session led by Syndicate Bank and Union Bank of India which jumped 3.5 percent each followed by Bank of Baroda, Canara Bank, Indian Bank and State Bank of India.

An oligopolistic nature of the market, higher consumer discretionary spending, wider reach of organised retailers and increased awareness towards health/hygiene should benefit leisurewear companies in the long run.

Prakash Gaba of prakashgaba.com recommends buying Dabur India with target at Rs 385 and stop loss at Rs 374, Exide Industries with target at Rs 266 and stop loss at Rs 252 and a buy also in Hindalco Industries with target at Rs 255 and stop loss at Rs 237.